OPEN-SOURCE SCRIPT

Inspirational Watermark

Preface: I wanted code that could display a different string of text whenever the bar changed. Viewing a long string of text on the chart can look messy & crowded, so the string of text is displayed as a tooltip when hoving over the user-customizable watermark text/emoji.

About the Indicator: This is a simple educational script where I hand-picked 60-ish quotes related to trading and included them as tooltips in a watermark indicator. The indicator includes a bank of preset quotes, and calls a random quote upon each bar change. Advantages of a watermark include claiming idea ownership as well as preventing simple copy-paste idea piracy/resale/repost. The trader can fully customize the on-screen watermark text. The trader has the option to display the watermark as either a table or a label. Tables are stationary but easy to crop out, while labels move around but are difficult to crop out. Choose the right watermark type depending on the level of idea ownership & protection you require.

Features: Fully customizable watermark type, text, size, color, and position.

‼ IMPORTANT: Hover over the watermark to read a famous trading quote that changes every candle. Consider moving this indicator to the front of the visual order.

⚠ DISCLAIMER: Not financial advice. Not a trading system. DYOR. I am not in any way affiliated with any of the quoted authors.
educational

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


Made w/ ❤ by @BarefootJoey ✌💗📈
Also on:

Disclaimer